A statement that can identify distinguishing characteristics of an organization is known as a(n):
A) goals statement.
B) values statement.
C) income statement.
D) mission statement.
E) competitive-edge statement.

Question

Quizplus · Accepted Answer

A mission statement identifies the purpose and goals of an organization, as well as its distinguishing characteristics and competitive advantages. A values statement describes the beliefs and principles that guide the behavior and decision-making of the organization. An income statement is a financial statement that shows an organization's revenues and expenses over a specific time period. A competitive-edge statement is not a common term used in organizational statements.

A Statement That Can Identify Distinguishing Characteristics of an Organization